Usufruct
R.S. 17:2232

Investment by state of endowment deposit ACTIVE

Should any endowment be made either by donation, inter vivos or mortis causa, to establish a professorship in any institution of learning in the State, duly incorporated, on the principal being deposited in the State treasury, the same shall be invested, and the interest as realized shall be paid over as stipulated in R.S. 17:2231, and it shall be the duty of the Auditor of Public Accounts and the State Treasurer to make the investments to the greatest advantage and interest of said institution.

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Cite R.S. 17:2232

Bluebook
La. Rev. Stat. Ann. § 17:2232 (2026).
Permalink
https://theusufruct.com/rs/title-17/section-2232
BibTeX
@misc{larevstat-17-2232,
  title        = {La. Rev. Stat. Ann. § 17:2232},
  howpublished = {Louisiana Revised Statutes},
  year         = {2026},
  url          = {https://theusufruct.com/rs/title-17/section-2232},
  note         = {Snapshot 2026-05-22}
}